Fed, Treasury Warn Banks on Anthropic AI Risks

Federal Reserve Chair Jerome Powell and Treasury Secretary Scott Bessent met with top US bank executives to assess cybersecurity risks posed by Anthropic's Mythos AI model. Authorities fear the system could enable sophisticated cyberattacks, prompting Anthropic to release only a limited preview version called Claude Mythos Preview. Major corporations including JPMorgan, Apple, Google, Microsoft, and Nvidia are joining Project Glasswing to address these risks. The meetings signal growing urgency for coordinated action between government and private sector as powerful AI becomes more embedded in critical financial operations.